Gold prices gained Rs 88 to Rs 27,087 per ten grams in futures trade today as speculators indulged in creating fresh positions on the back of a firm global trend.
At the Multi Commodity Exchange, gold for February delivery gained Rs 88, or 0.33% to Rs 27,087 per ten grams after touching a high of Rs 27,128 in a business turnover of 52 lots.
Similarly, for delivery in December, gold edged up by Rs 85, or 0.32% to Rs 26,811 per ten grams in a business volume of 2,989 lots.
Analysts said fresh positions built up by speculators in tandem with a firm global trend as concerns about Europe's debt woes and festival season demand at home spurred demand for the precious metal, influencing gold prices in the futures trade here.
Meanwhile, gold gained $2.10, or 0.13% to $1,655.40 an ounce in the Asian region.